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Wachovia Corp. has dropped out of bidding for a 51 per cent stake in General Motors Corp.'s finance unit, according to (more…)
HSBC is launching a business banking service free of transaction charges for small- and medium-sized enterprise (SME) owners that only…
#bank#smes
Business organisations today welcomed the European Parliament vote to create a single market in services (more…)
The bank has serious intentions of developing leasing and factoring schemes in Bulgaria and plans to (more…)
#bank#banks#insurance
Laiki Bank Group and Marfin Financial Group are proceeding rapidly to strengthen their ties with a view to take advantage…
#bank#Bank of Cyprus#conference
A consortium headed by Citigroup Inc's private-equity unit and Cerberus Capital Management is reportedly the favoured bidder for a majority…
Argentine cooperative bank Credicoop expects to double loans granted to the small- and medium-sized enterprise (SME) segment this year to…
Cattles Invoice Finance has strengthened its senior management team with the appointment of (more…)
The combined turnover of factors in Lithuania has more than doubled since 2003, according to the Lithuanian Leasing Association. Over…
The head office of Cattles Invoice Finance, the factoring and invoice finance provider, is set to move into new premises…
#financial services#invoice
Leading factoring players in the country are to form an association for further development of the industry (more…)
#bank#banks#global trade
The European Investment Bank (EIB), an international donor institution, signed an agreement to provide Byblos Bank with a US$60m loan…
Export-Import Bank of China ( Exim ) will borrow US$260 m from nine banks to support expanding trade financing and…
#bank#Bank of China#ING